Turkish Property Mortgage Limits For Foreigners and Turkish Citizens

Discussion in 'Turkey property' started by medseA, Feb 9, 2015.

  1. medseA

    medseA http://www.turkish-property-world.com

    Hello,

    Along with the increasing population that has reached to nearly 78 million, the housing sector in Turkey in parallel shows a non-stop booming.

    The Turkish government has set a new policy that intends to inject an extra 30 billion dollars to circulate and strengthen the economy.

    The mortgage limits has been categorized as follows,

    • Turkish citizens must pay min 30% down payment, and can get max 70% mortgage.

    • Foreigner citizens must pay min 50% down payment, and can get max 50% mortgage.

    Please share your ideas or suggestions on this topic.
     
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